Capitalstars Financial Research Private Limited(SEBI Registered, CRISIL-NSIC Rated , ISO Certified) is a research house where we provide calls for traders which include tips like Stock Tips, Commodity Tips, MCX Tips, Equity Tips and Intraday Tips also we provide free trials for better Satisfaction.
For More Information Call On 9977499927.
Best Practices for Implementing an External Recruiting Partnership
Mcx daily report - 21-Jun-2017
1. CapitalStars Financial Research Pvt., Ltd., 1
SEBI Registration Number: INA000001647
MCX Daily Report -21 June 2017
News High lights
Gold gains in Asia on views for 3rd Fed hike this year.
Gold rose in Asia on Wednesday with Fed views on rate hikes for the rest of the
year in focus with some expectations that inflation is not strong enough for a
third hike this year as forecast. Gold futures continued to trickle lower, as a
growing number of market participants expect the Federal Reserve to raise
rates by the end of the year in the wake of upbeat comments from Federal
Reserve officials. On Tuesday, Boston Fed President Eric Rosengren said low
interest rates do pose financial stability concerns that central bankers and the private sector must take seriously.
On Monday, Bill Dudley, head of the New York Federal Reserve downplayed the recent slowdown in inflation,
adding that halting rate increases at this point would be dangerous.
Meanwhile, Chicago Fed President Charles Evans said on Monday it may be worthwhile for the U.S. central bank
to wait until year-end to decide whether to raise interest rates again.
Kazakhstan Copper, Zinc and Steel Output Skyrockets in January-May.
Committee of Statistics under Ministry of National Economy of the Republic of
Kazakhstan announced Tuesday the country’s copper cathode, zinc and steel output
jumped during the first five months of this year, wenhua. com reported. Barclays: Copper
Price to Fall in Back Half of 2017 on China Reason. Copper cathode, refined zinc and steel
output rose 5.0%, 3.4% and 10.0%, respectively, year-on-year.
Negative Factors Simmering behind Aluminum Rally, SMM Warns.
Aluminum prices have made a strong comeback over the past two days, but this is no time to cheer up since
negative factors are simmering, SMM warns. Aluminum stocks did not fall sharply during this year’s traditional
peak-demand season because of growing supply. China Aluminum International Trading Co. (Chalco Trading)
raised aluminum prices it offered in major markets further today.
Oil languishes near multi-month lows on glut fears.
Oil prices dipped on Wednesday, trading around multi-month lows as investors
discounted evidence of strong compliance by OPEC and non-OPEC oil producers with
a deal to cut global output. "The lack of a positive response in oil prices clearly
suggests market participants are not convinced that the OPEC's efforts will help
shore up prices in a meaningful way in the short-term as shale supply continues to
rise in the U.S.," said Fawad Razaqzada, market analyst at futures brokerage
Forex.com. "Unless we see a marked reduction in crude stockpiles, the possibility of
further short term falls in the price of oil cannot be ruled out," he added. The
American Petroleum Institute said on Tuesday U.S. crude stockpiles had dropped
more than forecast. U.S. crude stocks fell last week, while gasoline and distillate inventories rose.
3. CapitalStars Financial Research Pvt., Ltd., 3
SEBI Registration Number: INA000001647
MCX Daily Report - 21 June 2017
GET MORE DETAILS HERE:-
Commodity Market tips
Mcx live tips
Precious Metal
Base Metal
Energy Pack
Crude Intraday Tips
Turmeric Tips
Agri Commodity Price
4. CapitalStars Financial Research Pvt., Ltd., 4
SEBI Registration Number: INA000001647
MCX Daily Report - 21 June 2017
Pick for the Day
MCX Crude Oil July Tuesday as seen in the daily chart opened at 2882 levels and day
high of 2892 levels. During this period price corrected & made day low of 2791 levels
finally closed at 2818 levels. Now, there are chances of further downside movement
technically & fundamentally.
The American Petroleum Institute said on Tuesday U.S. crude stockpiles had dropped more than
forecast. U.S. crude stocks fell last week, while gasoline and distillate inventories rose.
DAILY RECOMMENDATION: Sell MCX CRUDE Oil July AROUND 2850 LEVELS FOR TARGET
OF T1 2750/T2 2700 WITH SL OF 3000 LEVELS.
5. CapitalStars Financial Research Pvt., Ltd., 5
SEBI Registration Number: INA000001647
MCX Daily Report -21 June 2017
Disclaimer
The information and views in this report & all the service we provide are believed to be reliable, but we do not
accept any responsibility for errors of fact or opinion. Investors have the right to choose the product/s that suits
them the most. Sincere efforts have been made to present the right investment perspective. The information
contained herein is based on analysis and up on sources that we consider reliable. This material is for personal
information and based upon it & takes no responsibility. The information given herein should be treated as only
factor, while making investment decision. The report does not provide individually tailor-made investment advice.
My research recommends that investors independently evaluate particular investments and strategies, and
encourages investors to seek the advice of a financial adviser.
Capital Stars shall not be responsible for any transaction conducted based on the information given in this report,
which is in violation of rules and regulations of regulators. The price projections shown are not necessarily
indicative of future price performance. The information herein, together with all estimates and forecasts, can
change without notice. It is understood that anyone who is browsing through the site has done so at his free will
and does not read any views expressed as a recommendation for which either the site or its owners or anyone can
be held responsible for. Investment & Trading in Securities Markets are always subjected to market risk.
Capital stars Financial Research Private Ltd., Reserves all Rights.
Registered Office
Capital Stars Financial Research Private Limited
Plot No.12, Scheme No. 78, Part-II,
Vijay Nagar, INDORE – 452010 M. P.
Branch - 1 +91 731 6790000
Branch - 2 +91 731 6669900
Email: - backoffice@capitalstars.in